112• PARENTCOMPANY FINANCIAL STATEMENTS
PANDORAANNUAL REPORT2014
NOTES FOR THE
PARENT COMPANY
PROPERTY, PLANTAND EQUIPMENT
3.3
3.4
Plant and Assets under
DKKmillion
equipment
construction
Total
Cost at 1 January 2014
58
1
59
Additions
13
-
13
Disposals
-5
-1
-6
Cost at 31December 2014
66
-
66
Depreciation and impairment losses at 1 January 2014
38
-
38
Depreciation for the year
12
-
12
Disposals
-2
-
-2
Depreciation and impairment losses at 31December 2014
48
-
48
Carrying amount at 31December 2014
18
-
18
Cost at 1 January 2013
54
-
54
Additions
6
1
7
Disposals
-2
-
-2
Cost at 31December 2013
58
1
59
Depreciation and impairment losses at 1 January 2013
21
-
21
Depreciation for the year
19
-
19
Disposals
-2
-
-2
Depreciation and impairment losses at 31December 2013
38
-
38
Carrying amount at 31December 2013
20
1
21
INVENTORIES
DKKmillion
2014
2013
Finished goods
810
745
Total inventories at 31December
810
745
Inventorywrite-downs at 1 January
198
113
Write-downs during the year
233
269
Utilised in the year
-308
-172
Reversal of write-downs in the year
-20
-12
Inventorywrite-downs at 31December
103
198
Write-downs of inventories are recognised inCost of salesDKK 193million (2013: DKK257million) andDistribution expensesDKK20million
(2013: DKK 0million).
